Singapore legislation

Clause 2

of Statutory Corporations (Contributions to Consolidated Fund) Bill

Clause 2

Interpretation

In this Act, unless the context otherwise requires —“Consolidated Fund” means the Consolidated Fund established under Article 143 of the Constitution;“expenditure” means all expenses properly incurred by a specified statutory corporation in performing its functions and duties;“funds” includes all general and special funds and reserves under the control or management of a specified statutory corporation, other than funds created for the accounting of moneys which are subject to a trust;“Minister” means the Minister for Finance;“revenue” includes all moneys received by or accruing to a specified statutory corporation other than moneys subject to a trust;“specified statutory corporation” means any of the organisations, authorities or corporations specified in the Schedule.

Definition

“Consolidated Fund” means the Consolidated Fund established under Article 143 of the Constitution;

Definition

“expenditure” means all expenses properly incurred by a specified statutory corporation in performing its functions and duties;

Definition

“funds” includes all general and special funds and reserves under the control or management of a specified statutory corporation, other than funds created for the accounting of moneys which are subject to a trust;

Definition

“Minister” means the Minister for Finance;

Definition

“revenue” includes all moneys received by or accruing to a specified statutory corporation other than moneys subject to a trust;

Definition

“specified statutory corporation” means any of the organisations, authorities or corporations specified in the Schedule.

Clause 2 — Statutory Corporations (Contributions to Consolidated Fund) Bill